ArvinMeritor cut at Lehman on truck exposure

AudeLagorce

LONDON (MarketWatch) -- Lehman Brothers cut auto-parts supplier ArvinMeritor, Inc.
ARM, -4.76%
to underweight from equal-weight, saying its heavy truck exposure is likely to be a drag on the stock. The broker told clients that when investors chose to turn optimistic about the light vehicle environment, perhaps in 2007, ArvinMeritor will lag the group due to its class 8 truck exposure.

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